There is a saying "if your fooled once, shame on him but if your fooled twice shame on you." People should consider researching or verifying if what they're investing in is legit or not, if the founder of the project really exist. In the end it's their own fault investing their money in too good to be true projects and expecting immediate gains.
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The market has gained 5% uptrend i think in technical perspective that can be called a recovery but i guess this is not a total recovery and this is only theoretically. Bitcoin needs to recover up to $10k so we can really make sure that bitcoin is back in business. Many projects and new exchanges and countries are starting businesses relating to crypto's. So just be patient and buy more.
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Be careful when it comes to day trading because when you make a wrong trade and the price fluctuate's you'd be force to either cut your losses or wait till the price recovers luckily for me. Ive bought coin that is popular so no need to cut losses but still im now a swing trader waiting idle for the price to recover.
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There are lot of new coins that has promising features and could become the next big thing bad sadly due to the volume of coins and mostly of it are shitcoins they get overlooked by possible investors. The only way to know where to properly invest your money is to know if that crypto currency is hype, has a good team of devs, has many physical source of income, and has a real CEO.
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Bitcoin has been volatile and can go down or up in crazy ways since day 1 and the reason why were in a bearish trend is because of countries has started putting regulations and banning crypto currencies and even social media has restricted the advertisement of ICO in their platforms. Also there has been recent hacks that results a downtrend in the market. But still many people are starting businesses related bitcoin.
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Same as always joining signature and bounty campaign's to earn bitcoin but now im waiting for bitcoin to recover atleast at $10000 so i can once again start trading cause my money has been stuck for quite some time now. Although it's not that big of amount i want to use it for trading practice because i have no more money to invest in. Hopefully we see some good news this 2018 for a bullish run
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I recommend to first learn the pros and cons of trading and start learning some indicators for price speculation although it's not 100% accurate it can be use to minimize your losses and enable you to cut your losses when there is a bear trend. Also candle pattern and fundemental analysis is also needed.
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Obviously those group of cartels who hates bitcoin and crypto currency doesn't want it to develop and progress even further that's they threaten big time crypto enthusiast with death threats. Honestly how much do they want they even manage to regulate crypto's and ban ICO that's why the price has been fluctuating. Hope nothing happens to him.
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My answer is no. Just because you have money it doesn't mean you can be rich instantaneously. The good way and a good use of your money is to invest it and multiply it, spending wisely through crypto investment, business or stock exchange and making something out of it. Is a good use of resources because instead of depleting it you start to gain more and in time you'll become successful because of it.
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Maybe there are other altcoins out there that are more superior than bitcoin in terms of futuristic technology but no coin can beat bitcoin in what it has achieved in the past few years it's challenges that has conquered. Many countries and merchants use it as another form of payment and it can be use as an asset for investment.
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Lately there's been a law from countries regulating crypto currency and ICO projects being banned from trading exchanges mostly in china and some countries followed like india, russia etc. And also facebook and google banned ico advertisement in their platform so that's why the price has been fluctuating. But this will be beneficial for the crypto market in the long run.
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Because most of those crypto investors doesn't know where to invest there money and many of those investors are mostly newbies that's why they get scam by shitcoins and ICO expecting for immediate gains only to find out that their money will go to waste in those unknown altcoins with no ceo, no good team of dev, no roadmap and not marketable.
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No that's the job on how they advertise their products and commodities they can use affiliate marketing and direct marketing referral to other website owners to advertise their products on that site. If they have a website they can easily attract customers with that method now this is where crypto currency comes - bitcoin can be use as another method of payment for fast and secure transaction.
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This is a good news im glad they've decided to reconsider. My guess is that they can't really stop the advertisement of bitcoin and ICO in their platform. By the way can you post the link of this article so we can have a reliable resource if facebook has really accepted digital currency. It would be nice if google also reconsider and just filter some suspicious ICO in their search engine. This news could trigger another bullish run.
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It is because of the whales trying to bring down the crypto market this group of cartels has been manipulating the price so they could buy back with a much cheaper coin and masquerading it as a crypto exchange being hack and millions of crypto getting stolen but the amount of coins that got stolen doesn't add up to the downfall of the market.
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There was a recent hack in a crypto exchange and millions has been stolen we should be expecting a downtrend right now but for traders this is a good chance to buy more and then hold till the next price surge. The reason why btc is having trouble going up is because countries regulating it and facebook, google banning crypto advertisement.
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Crypto currency is a good addition to stock market because most stock currencies are stagnant unlike the volatile crypto currency that have insane uptrend and bear trend but that enables traders to make money. Instead waiting for a stock to rise for a hundred years. But i hope this rumor is true it would be a positive feedback for crypto's.
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If your only using it as payment then you should use it because that's what it's main purpose. But if your investing in it and using it in trading you shouldn't spend your investment on not so important things cause it will hinder you to make profit and thus might lose chance to get some so spend wisely.
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That depends on what crypto currency your holding if that coin has less popularity and with not so many investors then you should consider to cut your losses because most altcoins right now are pump and dump and others are just shitcoins with no actual value and not marketable. That's why if you want to invest in crypto you need to buy the popular one's or you can do scalping.
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You mean a good site to trade. There are tons of site out there but i prefer in binance, cryptopia and coinut they're all legitimate and has less complain coming from their users. No issues or security so far it looks like they have a good team of devs and most importantly their Ceo/founder is approachable.
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